Innovative new solution allows landlords to sell without eviction in 7 days
ADVERTORIAL
By Samantha Leigh, Updated: 12th March 2024
Landlords are taking advantage of a new tenanted property sales service that has taken the UK property market by storm.
The newly found “Buy To Let Property Brokerage” can sell tenanted properties.
Gone are the days of going through the gut wrenching process of evicting your tenant or selling through an estate agent.
Landlords can sell a tenanted property directly to another investor, at one of the best times in history, and receive cashflow on the property right up until the property is sold.
This new and innovative sales approach allows all parties to win:
- The landlord selling the property gets to sell property quickly, and for a high price, without having to comply with lengthy and tedious eviction legislation which is becoming harder and harder to navigate.
- The buyer (investor) gets to purchase a property that produces cashflow from day one without any need to carry out a refurbishment as the property is already happily tenanted.
- And the tenant gets to continue living in the property that they call home.
Over 1,289 tenancies have been saved from selling tenanted properties by Let Property since 2022.
This backed solution of “Estate Agency for Landlords” is allowing sellers to sell their tenanted property quickly whilst allowing them to achieve more money than they would have got through an estate agent.
Let Property also uses a proprietary new sales tool called the “Let Property Pack” which packages your property up as an “investment” and sells it more effectively.
This information pack includes everything that an investor needs to know about before making offers on your property.
The pack is then sent to over 15,000 investors looking to buy property in your local area.
From the interest generated from this approach, it means that you can achieve a higher sale price for your property because the value of it has been properly represented to any potential investors looking to buy.
Sell Your Tenanted Property
Free Instant Valuation. Find out what an investor will pay by entering your postcode below
Why Landlords are sitting on the “perfect tide” to sell a tenanted property
If you’ve been on Rightmove recently you’ll see tenanted properties being advertised for sale.
Many of these properties have been listed by Let Property who is now officially the largest investment property broker within the UK holding a 62% tenanted property market share in the UK.
If you visit the Let Property website you’ll see an extensive list of hundreds of properties always actively available for sale and these are just the listings that are place on the market.
The Myth: You get less when you sell with a sitting tenant
It’s important to remember that when you sell the property tenanted, you’re not selling to a residential buyer who wants to live in the property!
Investors are much less fussy about the small details of your property meaning the sales process is often a lot simpler and smoother.
Investors are looking purely at the long term returns that the property produces.
An investors frame of mind is to continue renting the property to the tenant, not to live in it.
And when you sell the property tenanted, you can receive cashflow up until the property completes.
If your property is positioned correctly, and as a great investment opportunity, then you’ll be able to build up a lot of competition for your property and sell it in as little as 7 days.
Many investors even achieve over market value when the property is positioned correctly!
Sell Your Tenanted Property
Free Instant Valuation. Find out what an investor will pay by entering your postcode below
The UK Government is Clamping Down on Landlords
The real frustration for many landlords is the constant effort from the UK government to continually fight against the ownership of buy to let properties.
This has been made clear from recent Section 24 tax changes which stops landlords from expensing day-to-day payments on their properties against the income!
With parliamentary talks this year of rental caps, eviction bans and rent freezes it’s giving landlords less and less confidence in the ownership of rental properties due to the control that they will lose over their property.
With all this combined, it’s getting harder and harder in the current climate to run a successful buy to let property business.
All of this whilst factoring in increased interest rates makes it nearly impossible for some landlords to see profit from a rental property portfolio in 2024.
Why is now the best time to sell
Today is one of the best opportunities in decades to sell due to an influx of oversees buyers looking to purchase tenanted properties just like yours.
Landlords can take advantage of high demand from these investors who are looking to invest on eligible tenanted properties.
You can sell your tenanted property with absolutely no fees in as little as 7 days for full market value (and often above).
There are no fees because the buyer who purchases your property pays all of them for Let Property to bring the properties like yours to them.
That means you can advertise your property for FREE today to a network of 15,000 buyers which is the largest tenanted property buyers database in the UK.
Let Property will cover all of the upfront costs including your Let Property Pack sales pack, photography and 3D rendered walk rounds at no expense to you.
You will receive rental income on your property right up until the point of completion as you don’t need to evict your tenant when selling it to another investor.
How does Let Property’s Free Service Work?
Step 1 – Request a Instant Online Valuation on this page
Simply enter the postcode of your tenanted property and click “Get Instant Valuation” on this page to find out what your tenanted property is worth through a specialist valuation pack which will show you comparable tenanted property sales in your area.
Step 2 – Advertise to our 15,000 Investor network for FREE
You set a price that you are happy to accept, then provide us with only 1 hour of access to the property so that we can prepare all marketing materials on your behalf with your custom “Let Property Pack” which we will send to our 15,000 investor network.
Step 3 – Let Property brings you offers
Within days Let Property will bring you offers on your property which you can choose to accept or decline.
Step 4 – You get it sold and the buyer pays all the fees
Once you accept an offer that you are happy with, your property will go through legal completion and you’ll receive rental income right up until your receive your cash.
Sell Your Tenanted Property
